Do you need to pay tax on lottery winnings?
According to Section 194B of the IT Act, 1961, a tax rate of 30% is applicable on lottery winnings exceeding Rs 10,000 This is treated
Taxes on Lottery Winnings for US Expats & Nonresident Aliens taxes lottery winnings
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While the IRS automatically withholds tax on US lottery winnings, they won't do the same for foreign lottery winnings That doesn't mean they
taxes on 1 million dollars lottery winnings ITR Form: Winnings from the lottery, puzzles, betting, etc are treated as Income from Other Sources The taxpayer should file ITR-1 (if income